i have never played in a Trans-limit league and it seems very very smart way to control the overall fantasy strategy for owners who are interested in adding more depth and integrity to a league. First off, you would need owners who are committed more than the typical, casual, beginner, fun-oriented, easy going type of owners.
Trans-limit seems to be more of a purist way of playing. Im actually loving this format...

because of the DRAFT-focus mainly and the other mentioned reasons...
sorry im need to leave the computer...and leave my thought incomplete...ill return with more
